6, WOODLANDS DRIVE, COLSTERWORTH, GRANTHAM, NG33 5NH - £297,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 WOODLANDS DRIVE is a midsized extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £334,358. It was last sold for £297,000 in February 2021, which was around 8% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

6 WOODLANDS DRIVE Sold Prices

Land registry data shows two sales for 6 WOODLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 6 WOODLANDS DRIVE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 5 FEB	£297,000	£323,915	8% below HPI
1997 25 APR	£83,000	£74,269	12% above HPI

6 WOODLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 6 WOODLANDS DRIVE sales from April 1997 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 6 WOODLANDS DRIVE be worth now?

6 WOODLANDS DRIVE might now be worth an estimated £334,358.

This is based on house price inflation of 12.6%, between February 2021 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 6 WOODLANDS DRIVE of £297,000 on 5th February 2021. For the value to have increased from £297,000 to £334,358 over the four years to February 2025, the following assumptions must hold true:

• The value of 6 WOODLANDS DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2021 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WOODLANDS DRIVE has not materially changed since February 2021.

How Large is 6 WOODLANDS DRIVE?

6 WOODLANDS DRIVE is 136m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colsterworth, and where 6 WOODLANDS DRIVE lies on this distribution: 50% of detached houses houses are smaller than 6 WOODLANDS DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

6 WOODLANDS DRIVE: Plot and Title Map

6 WOODLANDS DRIVE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 6 WOODLANDS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 WOODLANDS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 WOODLANDS DRIVE?

6 WOODLANDS DRIVE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 6 on WOODLANDS DRIVE.